Cheated on my designation

Find alternate employment, and preserve all the orders, etc., and then file a civil suit seeking compensation for ruining your career.  You can not be an employee and fight with the employer during employment, as it disturbs your peace of mind, the employer always seeks to find faults to further harass you. But take care of the limitation period..  Any advocate that is practicing jurisdictional court can comprehensively guide you on further course of action.

How are you so confident that I will be a looser in the end? Can you please explain?

Thanks for your suggestion sir. I will keep that as an option too. I have been working in a disturbed state of mind from past 7 months now. However, I have an exceptional track record at my work and the quality of service for Asia Pacific Region. Only issue I have is with the HR based out of India. As of now, I can manage to file a complaint and also work at the same time since most of my team is based out of Singapore and Australia. Will that help me in any way?

Perceptions may differ and in the end the final destination is peace of mind.  It is your career and you are the best judge.to decide as to whether the designation is so particularly important when the resume mentions not only designation but also duties assigned, accomplishments and other factors.

Okay. But don't understand the logic in it. If designation does not matter how will I grow in my career? This company hired me becuase of the Designation and experience I had in my previous company. Or else they would not had hired me.

You are right, designations do count for a career even in India, in Banking jobs, though the scale and pay may be one, designation as AGM, GM matters much..  In several Banks, several senior employees may be drawing several times more than the newly direct recruited Manager.  But the issue is assuring one designation and offering another designation at the time of joining.  I believe this as not fair practice, and as a senior executive in Media, it is a presumption that you can not take any guidance and will always pros and cons with learned friends and with your advocate, before proceeding into litigation in the issue.  I personally knew several persons taking up jobs for designation, and salary is not a constraint to those persons who feel social status, prestige is one.  Just search in any public authority's website, in which as voluntary disclosure, they publish names of TOP EARNERS in the organization, and you find many names with much lesser designations earning more depending on their service and specialization.

Okay cool. Yeah will take some suggestions from appropriate people.